Why Macquarie thinks the BHP (ASX:BHP) share price and 2 others will outperform

Shares in BHP Group Ltd (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG) and Rio Tinto Limited (ASX: RIO) have struggled to make headway after going ex-dividend earlier this month.

Sky-high iron ore prices saw record dividends flow through to investors, with an average dividend yield of 9.33% between the BHP share price and the other 2 ASX mining giants.

However, shares typically fall on the ex-dividend date to reflect the dividend being paid. The greater the dividend, the greater the fall.

Meanwhile, over in China…

China has made its move to tighten environmental regulations over the next few years. Earlier in…